Nitin Fire Protection Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/12/2025 ,inter alia, to consider and approve the Unaudited ....
Awaiting price reaction for this filing.
The Liquidator of Nitin Fire Protection Industries Ltd has called a meeting on 15 December 2025 to approve the unaudited financial results (standalone and consolidated) for the quarter ended 30 June 2025 and the quarter and half-year ended 30 September 2025, along with the Limited Review Report, Cash Flow Statement, and Statement of Assets and Liabilities. The company's Board of Directors remains suspended under the IBC liquidation process, with Mr. Uliyar Balakrishna Bhat acting as Liquidator. The company was sold as a going concern under liquidation, with the Sale Certificate issued on 3 October 2024, and is awaiting the final closure order from NCLT. Trading in the company's shares on BSE and NSE remains suspended since February 2022 due to the liquidation order, though the company has applied for revocation.
The financial results are being approved by the Liquidator rather than the Board, reflecting the ongoing IBC process. The going-concern sale has been completed but shares remain suspended from trading pending NCLT closure order — investors currently have no exit through the stock exchanges until suspension is revoked.